DREP/USDT - Drep [new]: BBand_Breakout◳◱ A Bollinger Band breakout has been identified on the $DREP / CRYPTOCAP:USDT chart, as the price has breached the upper Bollinger Band. This occurrence suggests the emergence of a potential bullish trend. Noteworthy resistance levels can be observed at 0.2941 | 0.3381 | 0.4116, while significant support zones are located at 0.2206 | 0.1911 | 0.1176. It is advisable to contemplate initiating a buy position within the present price range of 0.2641 with the objective of attaining higher price levels.
◰◲ General info :
▣ Name: Drep
▣ Rank: N/A
▣ Exchanges: Binance, Gateio, Hitbtc
▣ Category/Sector: N/A
▣ Overview: Drep project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.2641 ₮
▣ 24HVol: 855,746.575 ₮
▣ 24H Chng: 2.723%
▣ 7-Days Chng: N/A
▣ 1-Month Chng: N/A
▣ 3-Months Chng: N/A
◲◰ Pivot Points - Levels :
◥ Resistance: 0.2941 | 0.3381 | 0.4116
◢ Support: 0.2206 | 0.1911 | 0.1176
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: N/A
▣ Last 3-Y: N/A
◲◰ Volatility :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: N/A
▣ Last 3-Y: N/A
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.50 - Bullish
▣ Reddit sentiment score is 0.59 - Bullish
▣ In-depth DREPUSDT technical analysis on Tradingview TA page
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Drepusdtlong
Drep Token formed bullish Cypher for upto 33% moveHi dear friends, hope you are well and welcome to the new update on Drep token with US Dollar pair.
Recently I shared a trade setup for Drep, but the priceline pumped before the completion of the final leg of a Shark pattern:
Now on a 1-hr time frame, DREP has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Drep Token formed bullish Cypher for upto 19.50% moveHi dear members, hope you are well and welcome to the new update on Drep token with US Dollar pair.
On a 4-hr time frame, DREP has almost completed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
DREPUSDT 4H: Possible LONGDREPUSDT 4H: Possible LONG
Breakdown of the 0.6500 level, further growth to the 0.9000 level is possible.
